REGISTERED CHARITY NUMBER: 1043345
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2022
for
Swindon GP Education Association
PPS Chartered Accountants 29 Devizes Road Swindon Wiltshire SN1 4BG
Swindon GP Education Association
Contents of the Financial Statements for the Year Ended 31 March 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 10 |
| Detailed Statement of Financial Activities | 11 |
Swindon GP Education Association
Report of the Trustees for the Year Ended 31 March 2022
The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The Trust is established to relieve sickness and to preserve and protect the good health of the public by advancing the education and training of general practitioners in the Swindon area.
The Trust aims to achieve this by:
Bringing together in conference representatives of voluntary organisations, government departments, statutory authorities and individuals.
Arranging and providing for, or joining in arranging and providing for, the holding of exhibitions, lectures, classes, seminars and training courses.
Full membership of the Trust is open to all general medical practitioners working within the Swindon area either on full-time, part-time or locum basis, or retired, or any other interested person or such persons as organisations, whether corporate or unincorporated as the Executive Committee from time-to-time decides.
Public benefit
The Trust is established to protect the good health of the public by advancing the education and training of General Practitioners in the Swindon and Wiltshire area.
In the academic year of these accounts 2021/22 Swindon GP Education Trust ran 36 events for its GP, GP trainee and allied health care members, from the local healthcare community to support their education and training and ultimately benefit patient care. These educational events are usually a mix of workshops, interactive and case-based learning with some events remaining online following the COVID pandemic.
In addition, Swindon GP Education Trust has continued to host a regular term time GP Sessional group to provide peer group support and educational opportunities to this group of GPs in addition to the main programme.
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Swindon GP Education Association
Report of the Trustees
for the Year Ended 31 March 2022
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Swindon GP Education Trust continues to have a stable membership and runs an annual programme of educational activities mapped to the RCGP Curriculum to support local GPs, GP trainees and allied staff such as practice nurses in their education, development, and support.
We continue to work with consultants from the local Great Western Hospital, and other organisations and charities to provide accessible, relevant, and educationally valuable events for our membership. We have done several collaborative educational sessions in conjunction with the Bath educational organisation BGPERT.
We remain responsive to our members by seeking ongoing feedback to help shape future course and programme development to meet GPs learning and development needs. We are also actively involved in a regional group of similar educational charities where we share good practice and good ideas that may benefit our respective membership and ultimately benefit patient care.
Our educational events also provide the opportunity for GPs to meet up and for informal peer support and professional and educational networking, enhancing working relationships in the local healthcare community.
Our new website, launched in 2021 allows members access to previous recorded online educational events to peruse at a convenient and suitable time. We have set up a google analytics system to track usage of this and we are thrilled to see that there are hundreds of pre-recorded online videos being accessed by our members each month. The website also allows members to renew their membership and book onto courses and has had excellent feedback.
FINANCIAL REVIEW
Reserves policy
All money raised by or on behalf of the Trust shall be applied to further the objects of the Trust and for no other purpose, provided that nothing contained in the constitution shall prevent the payment in good faith of reasonable and proper remuneration to any employee of the Trust or the repayment of reasonable out-of-pocket expenses.
Funds in deficit
No funds are in deficit.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Recruitment and appointment of new trustees
Potential Trustees are recruited from local medical professionals and are elected by the executive committee.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1043345
Principal address
Office of General Practice The Academy, Great Western Hospital Marlborough Road Swindon Wiltshire SN3 6BB
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Swindon GP Education Association
Report of the Trustees for the Year Ended 31 March 2022
Trustees
Dr V Tadevosyan Dr M Boothman Dr W Wallage Dr M Matcha Dr J Swallow (resigned 22.5.22)
Independent Examiner
I Willoughby PPS Chartered Accountants 29 Devizes Road Swindon Wiltshire SN1 4BG
30-01-2023 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.......................................................................... Trustee
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Swindon GP Education Association
Statement of Financial Activities for the Year Ended 31 March 2022
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 55,090 EXPENDITURE ON Charitable activities Education 32,240 Other - Total 32,240 NET INCOME/(EXPENDITURE) 22,850 RECONCILIATION OF FUNDS Total funds brought forward 115,714 TOTAL FUNDS CARRIED FORWARD 138,564 |
Restricted funds £ - - - - - 41,980 41,980 |
31.3.22 Total funds £ 55,090 32,240 - 32,240 22,850 157,694 180,544 |
31.3.21 Total funds £ 44,032 51,478 1,920 53,398 (9,366) 167,060 157,694 |
|---|---|---|---|
The notes form part of these financial statements
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Swindon GP Education Association
Balance Sheet 31 March 2022
| Unrestricted funds Notes £ CURRENT ASSETS Cash at bank 139,374 CREDITORS Amounts falling due within one year 3 (810) NET CURRENT ASSETS 138,564 TOTAL ASSETS LESS CURRENT LIABILITIES 138,564 NET ASSETS 138,564 FUNDS 4 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ 41,980 - 41,980 41,980 41,980 |
31.3.22 Total funds £ 181,354 (810) 180,544 180,544 180,544 138,564 41,980 180,544 |
31.3.21 Total funds £ 158,414 (720) 157,694 157,694 157,694 115,714 41,980 157,694 |
|---|---|---|---|
30-01-2023 The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Trustee
The notes form part of these financial statements
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Swindon GP Education Association
Notes to the Financial Statements for the Year Ended 31 March 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
continued...
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Swindon GP Education Association
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Other creditors 4. MOVEMENT IN FUNDS At 1.4.21 £ Unrestricted funds Swindon GP Education Association 76,586 GPSTR Education 10,505 Sessional GP Group - GP School 28,623 115,714 Restricted funds Clinical and Educational Fellows 41,980 TOTAL FUNDS 157,694 Net movement in funds, included in the above are as follows: Unrestricted funds Swindon GP Education Association Sessional GP Group TOTAL FUNDS |
Net movement in funds £ 23,515 - (665) - 22,850 - 22,850 Incoming resources £ 55,090 - 55,090 55,090 |
31.3.22 31.3.21 £ £ 810 720 Transfers between At funds 31.3.22 £ £ (665) 99,436 - 10,505 665 - - 28,623 - 138,564 - 41,980 - 180,544 Resources Movement expended in funds £ £ (31,575) 23,515 (665) (665) (32,240) 22,850 (32,240) 22,850 |
|---|---|---|
continued...
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Swindon GP Education Association
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
4. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net movement At 1.4.20 in funds £ £ Unrestricted funds Swindon GP Education Association 77,347 89 GPSTR Education 10,505 - Sessional GP Group - (850) GP School 37,228 (8,605) 125,080 (9,366) Restricted funds Clinical and Educational Fellows 41,980 - TOTAL FUNDS 167,060 (9,366) Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds Swindon GP Education Association 43,592 Sessional GP Group - GP School 440 44,032 TOTAL FUNDS 44,032 |
Transfers between At funds 31.3.21 £ £ (850) 76,586 - 10,505 850 - - 28,623 - 115,714 - 41,980 - 157,694 Resources Movement expended in funds £ £ (43,503) 89 (850) (850) (9,045) (8,605) (53,398) (9,366) (53,398) (9,366) |
|---|---|
Transfers between funds
All unrestricted funds are part of a general fund that is subdivided for administrative purposes. All funds are to be applied towards the objectives of the Trust and any notional deficits are offset where possible by a transfer between funds.
The Clinical and Educational Fellows is a fund to support GPs undertaking dedicated education and training activities and a range of transformational projects.
continued...
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Swindon GP Education Association
Notes to the Financial Statements - continued for the Year Ended 31 March 2022
5. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2022.
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Swindon GP Education Association
| INCOME AND ENDOWMENTS Donations and legacies Subscriptions REP income Adhoc projects Total incoming resources EXPENDITURE Charitable activities Speaker/facilitator fees Travel fees Catering Sessional GP group GP adhoc projects Support costs Finance Bank charges Governance costs S&MNHST admin support Website and internet costs GP tutor Accountancy and legal fees Total resources expended Net income/(expenditure) |
Detailed Statement of Financial Activities for the Year Ended 31 March 2022 31.3.22 31.3.21 £ £ 51,604 35,492 - 8,100 3,486 440 55,090 44,032 55,090 44,032 4,290 4,121 - 62 - 52 665 850 - 9,045 4,955 14,130 150 - 11,703 11,703 780 17,466 13,752 8,179 900 1,920 27,135 39,268 32,240 53,398 22,850 (9,366) |
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This page does not form part of the statutory financial statements
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